Metrics

  1. DATASET DEFINITIONS
    • Instruments: GBP/JPY, GBP/USD, & EUR/USD
    • Time Period: 9/1/2023 - 16/1/2023
    • Session/Hours Sampled: (London session open - 1 hour) - (London session open + 4 hours).
    • Exclusions: High impact news, extreme volatility regimes, US & UK Bank Holidays.

  1. EVENT + OUTCOME
    • Event Rule: “If a probable scenario is initiated within a 15M, 30M, 1H, &/or 4H invalid/weak confluence, it will be exemplified in this data set”.
    • Support Outcome: “If price seeks a valid or invalid confluence prior to displacing strongly through initiation liquidity, the example will support the hypothesis”.
    • Disprove Outcome: If price displaces strongly through initiation liquidity prior to seeking a valid or invalid confluence, the example will disprove the hypothesis”.

  1. MAIN VARIABLES
    • Market Structure → Lack Of Structure & Market With Structure.

  1. SUB VARIABLES
    • Variable A (Market Structure):
      • A1: Lack Of (Hourly & Below) Market Structure.
      • A2: Lack Of (4H & Below) Market Structure.
      • A3: Lack Of (Weekly & Below) Market Structure.
      • A4: In Favour Market Structure.
      • A5: Against Market Structure.
    • Variable B (Probability of Confluences Initiated Within):
      • B1: Majority Probable.
      • B2: Majority Improbable.
      • B3: Majority Undefined.
      • B4: Evenly Distributed.
    • Variable C (Quantity of Confluences Initiated Within):
      • C1: 1 Confluence.
      • C2: 2 Confluences.
      • C3: 3 Confluences.
      • C4: 4 Confluences.
      • C5: 4 + Confluences.
    • Variable D (Initiation Liquidity):
      • D1: 15M Swing Liquidity.
      • D2: 15M Low Resistance Liquidity.
      • D3: 1H Swing Liquidity.
      • D4: 1H Low Resistance Liquidity.
      • D5: 4H Swing Liquidity.
      • D6: 4H Low Resistance Liquidity.